- The Best Metro Areas for Minority-Owned Businesses
Owning your own business is a lot of work. While it can be rewarding, including financially, we were interested to see how opportunities compared for minority and non-minority business owners. SmartAsset decided to dig into the data to find out which metro areas in America are the best specifically for minority business owners. To do so, we looked… read more…
- What Does It Mean to Have a Strong Currency?
Because of Brexit, the pound – i.e., British currency – has just plunged to a thirty-year low against the dollar. The euro has also fallen to a low against the dollar. The Japanese yen’s value has also gone up in… read more…
- What Is an American Depositary Receipt?
Diversifying your investment portfolio doesn’t just involve investing in different types of stocks or bonds. By investing in foreign markets, you can lower your overall investment risk and potentially increase your earnings at the same time. If you’re interested in investing in an international market, one way to get started is to get an American… read more…
- Investing in International Markets
There’s nothing wrong with investing in U.S. markets. But looking at foreign markets might open some doors and provide you with some new, lucrative opportunities that you didn’t have access to before. U.S. securities only represent a small portion of the global market. Investing in international markets does come with certain risks, but if you approach it strategically, it… read more…
- Top 3 Tips for Investing In Luxury Real Estate
Investing in real estate can add diversity to your portfolio while creating a sustainable source of passive income. If you’re a high net worth investor, you may be able to expand your horizons beyond the basic fix-and-flip by moving into the… read more…
- Top 5 Growth Stock Tips
Deciding which stocks to invest in can be difficult. There are different kinds of stocks and all of them have their advantages and disadvantages. Compared to value stocks, growth stocks can potentially generate higher returns over time and you can… read more…
- 3 Passive Investments for Hands-Off Investors
Choosing the right investments is an important part of building wealth. If you don’t have the time to take an active role in managing your portfolio, you can still find investments that have a good chance of providing you with steady returns without requiring you to constantly monitor performance. The most hands-off investments will provide… read more…
- What Is a Shell Company, or Corporation, and How Is It Used?
The Panama Papers leak was a global scandal. In one of the biggest data leaks in history, millions of documents revealed that banks, political leaders and wealthy individuals had allegedly hidden billions of dollars in shell companies through a Panama law… read more…
- Is Investing in Equity Crowdfunding a Good Idea?
Title III of the 2012 JOBS Act allows both accredited and non-accredited investors to participate in equity crowdfunding. Under these new rules, anyone can invest in equity shares of a startup through a crowdfunding platform, regardless of their income or… read more…
- Can You Invest With Credit Card Rewards?
With a traditional rewards credit card, you can earn miles, points or cash back. If you have an investment rewards card, however, you can use your rewards to save for retirement or fund your child’s college expenses. But there are… read more…
- What Is Dollar-Cost Averaging?
There’s more than one way to invest. Besides choosing a vehicle to put your money into, you’ll need to pick an investing strategy. The one that you select will depend on various factors, including your target asset allocation and the kinds of… read more…
- Top 3 Questions to Ask When Investing in Micro VCs
When startups need additional funding to get off the ground, they can look for venture capitalists (VCs) who are willing to help them. Venture capitalists are investors who offer emerging companies financial support in exchange for an equity share. Once… read more…
- What Is a Non-Traded REIT?
If you’re looking to build a thriving real estate portfolio without the hassle of direct property ownership, there are several strategic options to consider. For instance, you could explore real estate crowdfunding platforms or invest in a real estate investment trust (REIT). A REIT is a company that owns and manages income-generating commercial properties like… read more…
- Top 3 Reasons 20-Somethings Should Invest in Real Estate
Investing in real estate can be a good way to diversify your portfolio. And it can be particularly appealing to 20-somethings who are comfortable taking risks and who want to earn bigger returns. If you’re in your 20s and you’ve toyed with the idea of becoming a landlord or putting money into a real estate investment… read more…
- Accounting vs. Finance: What’s the Difference?
While accounting and finance may go together, there are key differences: accounting focuses the flow of money and out of a company or family, while finance is a more broad term that describes how one manages asset and liabilities. Whether… read more…
- 5 Tips for Choosing a Wealth Management Firm
Wealth management firms are all different, with their own specializations and services. As a result, the process for choosing a wealth manager is a very personal one. Wealth managers work closely together with their clients to identify financial goals and… read more…
- Top 5 Steps to Spring Clean Your Investment Portfolio
Spring has officially arrived and that means that it’s time to start cleaning out the clutter and organizing the inside of your home. Doing the same thing with your finances is probably a good idea. If it’s been a while since you took a look at how your stocks, bonds and other assets are performing,… read more…
- 6 Things to Know About Investing in Taxable Accounts
There are a few different ways to build wealth in your 20s, 30s and beyond. Funneling money into tax-advantaged accounts such as 401(k)s and IRAs is a start, but you can only contribute so much every year. Once you hit… read more…
- All About Stagflation
Inflation becomes a problem when average prices rise too fast, hurting consumers, businesses and investors. Deflation can wreak havoc on an economy as well. There’s deflation when growth is slow and overall prices are on the decline. Yet another issue that… read more…
- The Best Ways to Invest $1,000
You don’t have to be wealthy to become an investor. On the contrary, there are plenty of ways to invest smaller amounts of money. The key is finding investment opportunities that don’t charge excessive fees that can reduce the size… read more…
- What Are the Causes of Inflation?
Inflation has many causes, but they mainly break down into two camps: demand-pull and cost-push. Demand-pull happens when an increase in the demand for goods and services leads producers to raise prices to maximize profits. Cost-push occurs when producers raise… read more…
- What Is Compound Interest?
Investing requires quite a bit of time and effort. In order to choose the right mix of stocks, bonds and cash investments for your portfolio, you’ll need to spend some time researching your options. And unless you plan on putting your investments on autopilot, you’ll have to make time to rebalance your portfolio and ensure… read more…
- Top 4 Mistakes First-Time House Flippers Make
Investing in real estate can be a lucrative way to generate passive income or replace your day job altogether. Flipping houses can be a good way to get started. But it’s not something you want to jump into without doing your… read more…
- What Is Simple Interest?
Investors who put their money into savings vehicles and other accounts hope to earn decent returns. Over time, interest adds up, and how quickly it grows depends on the kind of interest you’re working with. You might make a simple… read more…
- Simple Interest vs. Compound Interest
Anyone who takes out a loan has to think about the cost of doing so. If you need to borrow money to finance a home purchase or a renovation, you’ll want your interest rate to be as low as possible.… read more…